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TheStreet Open House

Colruyt Group Selects Descartes' Excise Movement & Control System (EMCS) Compliance Solution

Stocks in this article: DSGDSGX

Descartes Solution Addresses EMCS Arrival and Departure Filings Between EU Member States

WATERLOO, Ontario and LIER, Belgium, Feb. 17, 2011 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX) announced that Colruyt Group selected Descartes' Excise Movement & Control System (EMCS) solution to help it manage electronic declarations for excise shipments.

The EMCS is part of the European Union's (EU) Multi Annual Strategic Plan program to implement electronic customs in the EU to monitor movements of excise goods that have not yet been released for consumption. Since January 1, 2011, information on shipments between different EU member states must be filed electronically by EMCS standards.

Colruyt Group is a major player in Europe's retail network. The group operates a number of leading retail brands, such as its discount supermarket chain. Colruyt chose Descartes' EMCS declaration module to help it comply with EU regulations on movements between EU member states of excise goods under duty suspension. Descartes' EMCS declaration module manages both arrival and departure filings for excise goods for multiple EU member states. The solution offers numerous additional features that maximize the return on investment, such as seamless integration with existing information technology environments and multi-country filing capabilities, allowing for a more efficient process.

"Colruyt Group has made significant investments in new technologies to align its operations with evolving compliance requirements," says Kenneth De Neve, Project Manager at Colruyt Group. "Descartes is unique in its integrated and professional approach to optimizing compliance requirement processes."

This new agreement strengthens the relationship between Descartes and Colruyt Group. Colruyt Group is already using a Descartes Mobile Resource Management solution to optimize route planning and simulate distribution alternatives.

"We are excited to expand our relationship with Colruyt Group. Our EMCS solution helps Colruyt create transparency and efficiency throughout its supply chain processes and provides one solution for multi-country filings by Colruyt's different wholesale entities," said Cindy Yamamoto, Senior Vice President of Trade Compliance at Descartes. "As EU member states continue to implement a variety of legislative measures to secure the supply chain, our on-demand solutions help our customers to maintain control and improve speed of customs processing across multiple jurisdictional boundaries."

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